The Following Information Was Obtained from Durand,Inc How Much Were Durand's Period Costs?
A) $462,540
B) $506,010

question 101

Multiple Choice

The following information was obtained from Durand,Inc.: $$\begin{array} { | l | r | } \hline \text { Advertising Costs } & \$ 11,600 \\\hline \text { Indirect Labor } & 8000 \\\hline \text { CEO's Salary } & 470,000 \\\hline \text { Direct Labor } & 53,000 \\\hline \text { Indirect Materials Used } & 8000 \\\hline \text { Direct Materials Used } & 390,000 \\\hline \text { Factory Utilities } & 840 \\\hline \text { Factory Janitorial Costs } &1000\\\hline \text { Manufacturing Equipment Depreciation } & 1700 \\\hline \text { Delivery Vehicle Depreciation } & 2110\\\hline \text { Administrative Wages and Salaries } & 22,300\\\hline\end{array}$$ How much were Durand's period costs?

• A) $462,540
• B) $506,010
• C) $13,710
• D) $503,900

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Definitions:

Collectivism

A cultural value that emphasizes group goals, interdependence, and the importance of cohesion within social groups.

Person-Situation Controversy

A debate within psychology about whether behavior is more influenced by personality traits or by situational factors.

Trait Theories

An approach to the study of human personality which focuses on the measurement of consistent patterns of behavior, thought, and emotion.

Positive Self-Concept

An individual's view of themselves that is generally positive, reflecting a belief in one’s own abilities and self-worth.